Gateway Crossroads

Industrial Covered Land Play Opportunity in Gardena, CA

The Offering

Institutional Property Advisors (“IPA”) as exclusive advisor, IPA is pleased to present Gateway Crossroads (the “Property”),

located at the intersection of West Redondo Beach Blvd and the110

Freeway. In the heart of the South Bay submarket, the Property

consists of a 120,104 square foot shopping center on 9.21 acres of M2

zoned land. The property’s strategic location and proximity to the

110 Freeway provides premium freeway visibility and ease of access

to all of LA’s major transportation arteries. Zoned for industrial use

and advantageously located near the ports of Los Angeles and Long

Beach, Gateway Crossroads represents an opportunity for a future

high flow-through, logistics or distribution building.

Property Highlights

EASY ACCESS TO GLOBAL SHIPPING NETWORKS
By most measurable factors the South Bay industrial market is the gateway to the largest industrial market in the United States because of its direct access to the Los Angeles and Long Beach Ports, LAX and LA rail yards.

LAST MILE INFILL LOCATION
E-commerce and Omni-channel demand by retailers has created historic demand for last-mile facilities.

GROWING SOUTH BAY POPULATION CENTER
A highly desirable location with dense consumer base and expanding commuter rail network has made South Bay a target for multi-family developers.

UNIQUE DEVELOPMENT OPPORTUNITY
- The property located at 661 W Redondo Beach Blvd sits on a 9.21 AC parcel with an existing building area of 120,104 sqft. As one of the only large parcels available for sale, it allows for scale and flexibility to potential developers in an extremely supply constrained market.
- Current tenants potentially provide income during the entitlement process
- Rare offering and opportunity to develop infill land in desirable South Bay market

FREEWAY VISIBILITY
Major frontage on Redondo Beach Blvd allows for easy freeway access and visibility from the 110 Freeway.

Photo Gallery

Demographics

15 Miles

35 Miles

55 Miles

Population

4,289,238

11,965,929

14,673,394

Households

1,359,451

3,930,595

4,966,835

Average Household Size

3.11

3.03

Total Businesses

165,698

565,613

690,500

Total Employees

1,750,839

5,497,220

6,692,853

Median Age

34.5

36.5

36.4

Median Household Income

$65,963

$77,164

$80,371

Property Overview

The Property offers a new investor the opportunity to benefit from stable cash flow and the long-term upside of developing the site into an industrial-distribution oriented use. The South Bay is the premier location for Class A warehousing and is commanding rents from logistics users well above the national average. Sitting on 9.21 acres of land, Gateway Crossroads benefits from its regional freeway access, M2 zoning and industrial development potential. Given the lack of Industrial product in the South Bay trade area, Gateway Crossroads sits amongst many new developments, including two major logistics warehouses currently under-construction directly to the west.